Dell Acquires StatSoft

Dell, Inc. announced the acquisition of StatSoft, Inc., provider of advanced analytics solutions that deliver a range of data mining, predictive analytics and data visualization capabilities.

StatSoft combines statistical analysis with advanced analytics to help organizations better understand their businesses, predict change, increase agility and control critical systems.

The acquisition of StatSoft bolsters Dell Software’s portfolio of information management solutions, while further enhancing the company’s open approach to data management. StatSoft adds advanced analytics to a set of software capabilities that includes database management and optimization, application and data integration, and big data analytics, all underpinned by Dell’s software, storage, server and services offerings and industry relationships.

Data and information management is a strategic priority for Dell Software. According to Gartner, by 2015, more than 30% of analytics projects will deliver insights based on both structured and unstructured data. The addition of StatSoft fits with Dell Software’s strategy to offer a set of platform agnostic information management tools that empower companies to manage, integrate, and analyze data on-premises and in the cloud.

StatSoft delivers a range of advanced analytics tools that help organizations forecast future trends to identify new customers and sales opportunities, forecast industry shifts, explore ‘what-if’ scenarios, and reduce the occurrence of fraud and other business risks. Its software can be deployed on premises, in the cloud, or as software-as-a-service. Its products are trusted by universities, research institutions, corporations and manufacturing facilities in more than 60 countries, and the company was recently positioned by Gartner, Inc. in the “Challengers” quadrant of the Magic Quadrant for Advanced Analytics Platforms. StatSoft’s solutions are used across a set of industry sectors including pharmaceuticals, financial services, technology and manufacturing.

Driving Informed Business Insights
Advanced analytics are transforming the business landscape. Organizations that use smart algorithms to harness and learn from the masses of data found in operational systems, social networks and demographic stores will gain competitive advantage. StatSoft contains sophisticated algorithms for predictive analytics, machine learning and statistical analysis, enabling companies to find meaningful patterns in data and thrive in today’s data-driven economy. Its offerings span from desktop data modeling and analytics to high-performance, enterprise deployments.

StatSoft has received top ratings in comparative reviews in which it has been featured and is recognized for its technology and customer satisfaction. It joins tools such as Toad, Spotlight on SQL Server Enterprise, Shareplex, Boomi, Toad Business Intelligence Suite, and Kitenga Analytics to further round out Dell Software’s portfolio of information management solutions.

Matt Wolken, VP and GM, information management, Dell Software, said: “With the rapid explosion of data comes the opportunity for organizations to gain deep insight into their business processes in order to facilitate better decision making and maximize profitability. The acquisition of StatSoft gives Dell’s customers access to a proven advanced analytics solution that delivers the predictive and prescriptive analysis capabilities businesses need in order to make faster, more accurate decisions. In addition to being a great fit for Dell Software’s product portfolio by delivering technology that addresses the latest market trends, StatSoft mirrors Dell’s focus on creating tools that are simple and affordable enough for midmarket organizations yet comprehensive enough for even the largest enterprises with the most complex data environments.”

Dr. Paul Lewicki, founder and CEO, StatSoft, said: “We’re excited to join the Dell family and add our technology and expertise to Dell’s rapidly growing set of information management capabilities. StatSoft’s advanced analytics software has a long track record of proven success across a variety of predictive analytics and data mining applications including agile manufacturing, pharmaceuticals, risk management, fraud detection, and research. Together with Dell, we can create new opportunities for customers to better leverage the growing volumes of data that are quickly becoming the lifeblood of organizations of all sizes, and further advance StatSoft’s mission of making the world more productive.”

Founded in 1984, StatSoft is headquartered in Tulsa, OK, and operates worldwide through offices and partners in 25 countries. Its products are available in many languages.

Terms of the transaction were not disclosed.